Mr. Jason Hein reports

TELESCOPE INNOVATIONS DEVELOPS NEW IP FOR THE PRODUCTION OF BATTERY MATERIALS

Telescope Innovations Corp. has filed a provisional patent application (65/584,062) on the production of lithium sulphide, a key precursor for next-generation solid-state batteries.

As an outcome of work with Standard Lithium Ltd., Telescope has invented a low-temperature method of generating lithium sulphide from brine-sourced lithium chemicals. This method could reduce the current high costs of lithium sulphide production and so facilitate the widespread deployment of solid-state batteries.

"The key to discovering this new method is Telescope's R&D [research and development] technology," said Jason Hein, chief executive officer of Telescope. "By combining robotic automation with artificial intelligence and our on-line analytical platforms, like DirectInjectTM-LC, we can discover synthetic pathways 10 to 100 times faster than conventional approaches."

This accelerated discovery has fuelled the growth of Telescope's IP portfolio, which already includes a granted Canadian patent on the production of pharmaceutically relevant indole compounds. "Our patenting activities place us among the 2 per cent of Canadian SMEs to hold patents," added Mr. Hein. "We are already drafting yet another provisional application on battery materials and look forward to bringing advanced manufacturing technologies to the industry."

About Telescope Innovations Corp.

Telescope is a chemical technology company developing scalable manufacturing processes and tools for the pharmaceutical and chemical industry.

We seek Safe Harbor.